Bank of America, we have a clear purpose to help make financial lives better through the power of every connection. We fulfill this purpose through our commitment to responsible growth, which includes a focus on environmental, social and governance (ESG) leadership. Integrated across our eight lines of business — our ESG focus reflects our values, ensures we are holding ourselves accountable, presents tremendous business opportunity, and allows us to create shared success with our clients and communities.
Perhaps at this point it might be better to ask which retailers, if any, are not shuttering stores. The data came this week from Coresight...
A little over a year ago, the world met Bank of America’s answer to Alexa, it’s artificial intelligence (AI)-powered virtual assistant named Erica. The announcement...
Bank of America announced on Tuesday (May 28) that its AI-powered virtual assistant Erica has surpassed seven million users and 50 million client requests, the...
Large U.S. banks are seeing a deterioration in commercial lending portfolios for the first time in three years, according to a report by the Financial...
Some changes, advances and adjustments are expected – they are clearly part of a long-term strategy playing out, or an obviously useful pivot that expands...
Bank of America is integrating the Apple Watch into its corporate treasury platform, CashPro, to tokenize the wearable technology. In an announcement on Tuesday (May...
Bank of America Merchant Services (BAMS) is considering bringing its payment processing completely in-house, potentially scrapping a joint venture with First Data Corp., the payments...
Bank of America (BoA) missed on revenue when it reported its Q1 earnings on Tuesday (April 16) and predicted net interest income would rise half...
Shadow banking now has $52 trillion in assets under its belt. FinTech firms are crowding financial services’ flanks, looking for customers who crave mobile means...